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Tactical Balanced
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|
NAVPS (12-20-2024) |
$14.84 |
|---|---|
| Change |
$0.08
(0.54%)
|
As at November 30, 2024
As at November 30, 2024
As at July 31, 2024
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Inception Return (March 01, 2016): 6.28%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 3.56% | 5.90% | 9.99% | 15.63% | 19.08% | 11.32% | 5.28% | 6.66% | 6.48% | 7.04% | 5.49% | 6.01% | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.97% | 4.52% | 8.65% | 13.75% | 17.28% | 9.67% | 4.43% | 5.48% | 5.29% | 5.81% | 4.53% | 4.91% | 4.78% | 4.33% |
| Category Rank | 120 / 343 | 121 / 343 | 147 / 341 | 145 / 338 | 129 / 338 | 116 / 336 | 131 / 331 | 116 / 314 | 96 / 312 | 100 / 290 | 116 / 273 | 98 / 254 | - | - |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.99% | 0.23% | 2.44% | 2.09% | -2.12% | 2.46% | 0.51% | 3.19% | 0.14% | 2.47% | -0.21% | 3.56% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
8.48% (April 2020)
-12.03% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 8.13% | -6.69% | 14.58% | 7.39% | 11.95% | -10.84% | 10.29% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | - | - | - | 1 | 4 | 2 | 2 | 2 | 3 | 1 |
| Category Rank | - | - | - | 47/ 254 | 270/ 273 | 87/ 291 | 90/ 312 | 139/ 314 | 227/ 335 | 76/ 336 |
14.58% (2019)
-10.84% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 28.26 |
| US Equity | 27.43 |
| Canadian Government Bonds | 18.69 |
| International Equity | 13.09 |
| Canadian Corporate Bonds | 6.55 |
| Other | 5.98 |
| Name | Percent |
|---|---|
| Fixed Income | 28.20 |
| Financial Services | 15.78 |
| Technology | 13.26 |
| Energy | 6.18 |
| Basic Materials | 4.92 |
| Other | 31.66 |
| Name | Percent |
|---|---|
| North America | 85.00 |
| Asia | 7.42 |
| Europe | 4.95 |
| Multi-National | 1.34 |
| Latin America | 0.76 |
| Other | 0.53 |
| Name | Percent |
|---|---|
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 23.94 |
| Schwab US Broad Market ETF (SCHB) | 19.93 |
| BMO Aggregate Bond Index ETF (ZAG) | 19.15 |
| iShares Core MSCI EAFE ETF (IEFA) | 6.78 |
| BMO MSCI Canada Value Index ETF (ZVC) | 4.89 |
| BMO Long Provincial Bond Index ETF (ZPL) | 4.29 |
| Schwab amental EM Large Co Index ETF (FNDE) | 2.92 |
| Vanguard S&P Small-Cap 600 Index ETF (VIOO) | 2.88 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 2.86 |
| Invesco S&P 500 Eql Wght ETF (RSP) | 2.84 |
Meritage Tactical ETF Growth Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 10.10% | 11.42% | - |
|---|---|---|---|
| Beta | 1.05% | 1.21% | - |
| Alpha | 0.00% | -0.01% | - |
| Rsquared | 0.89% | 0.77% | - |
| Sharpe | 0.21% | 0.41% | - |
| Sortino | 0.38% | 0.48% | - |
| Treynor | 0.02% | 0.04% | - |
| Tax Efficiency | 89.30% | 92.25% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.99% | 10.10% | 11.42% | - |
| Beta | 1.11% | 1.05% | 1.21% | - |
| Alpha | -0.03% | 0.00% | -0.01% | - |
| Rsquared | 0.86% | 0.89% | 0.77% | - |
| Sharpe | 2.21% | 0.21% | 0.41% | - |
| Sortino | 6.11% | 0.38% | 0.48% | - |
| Treynor | 0.12% | 0.02% | 0.04% | - |
| Tax Efficiency | 98.16% | 89.30% | 92.25% | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | March 01, 2016 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $120 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC7544 |
The Portfolio’s investment objective is to achieve a combination of income and long-term capital appreciation by making tactical investments primarily in a diverse mix of exchange-traded funds (“ETFs”) that are fixed-income funds and equity funds. The weighting assigned to equity securities will generally be greater than the weighting assigned to fixed-income securities.
The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 10%-50% of the net assets in Canadian and global fixed-income securities, 50%-90% of the net assets in Canadian and global equity securities. The Portfolio achieves exposure to the above asset classes by investing up to 100% of its net assets in ETFs.
| Name | Start Date |
|---|---|
| National Bank Trust Inc. | 07-19-2021 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | National Bank Trust Inc. |
| Custodian | Natcan Trust Company |
| Registrar | Natcan Trust Company |
| Distributor | - |
| Auditor | Raymond Chabot Grant Thornton LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.74% |
|---|---|
| Management Fee | 1.40% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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